Reported about 1 year ago
Taiwan Semiconductor Manufacturing Company (TSMC) broke through NT$1,000 on July 4, leading to a 350-point surge in the Taiwan stock market. With AI applications flourishing, the semiconductor industry is entering a new cycle, and semiconductor ETFs are expected to benefit as well. TSMC's strong performance is attributed to high demand for its 3nm orders, driven by major clients like Apple and Nvidia. The outlook for TSMC's 3nm process and advanced packaging remains positive. As Taiwan's exports grow and the demand for tech products rises, opportunities in the semiconductor sector are promising, with ETFs likely to perform well in the future.
Source: YAHOO